All Forum Posts by: Joshua Baker

@Robert C. Developers, at least the ones I work with, are becoming less interested in Mixed use (read commercial/retail) because it's becoming difficult to get solid leases. I recently consulted on the construction of 250k sqft of office/retail that has been fully permitted for 7 months now with no outlook of being built due to leasing difficulty. SFR and MFR are killing it currently and pose much less headache when it comes to getting them to cash flow or pay out. Hope this helps!

@Dylan Magdos

Trav-Daniels is a solid choice and so is Cambridge Construction.

@Kelly Stevens if you approach your agent as a serious investor with proof of funds (cash statements, pre-approval for lending, or a viable LOC), a solid idea as to what your looking for (SFR, MFR, Etc) and a path forward regarding a timeline they shouldn't be upset. They can always feel out sellers for you and if they understand your capable of funding they'll have a lot less issue in pushing on your behalf because they know you can close and that they will get paid.

Hey @Marc Brenner!

Most of the investor friendly realtors I refer typically invest in real estate, they are active on social media with content pertinent to different investing strategies like flips, rehabs, buy and hold, etc. The people I know that are killing it also host meetups and attend most of the meetings in my area religiously. It sounds like a ton of work but the majority of them hustled really hard for 2-3 years and are now well established. Hope this helps!

Hey @Deepak Kumar!

I live in the Deltona/Deland area and can provide you with information on realtors and property management companies if you’re still interested. Please feel free to message me and I’ll gladly pass along contact info!

@Greg Stetz

The lender you’re using can give you the information you’re looking for regarding their fees and what you’ll need to bring to the table. As mentioned above, you can contact your title agency, etc for their respective fees. Feel free to message me if you’re looking for more Florida specific information.

Hey @Terri Hollinsworth!

That is one to approach things, will you be looking to keep the HML for the duration or will you be interested in refinancing out into a conventional loan? You could refi out of the HML with a cash-out and pay your partner on the back end or pay them over the term out of rents collected.

Feel free to message me if you have questions or want any additional advice.

Hey @Brendan OHeir!

I have a contact for you that operates in ATX and DFW. Send me a message whenever you get a chance and I’ll pass along their contact information.

@Dante Escobar

Hey Dante and welcome to BP!

I’m located in Central Florida and can tell you that there are several excellent Real Estate groups in the Orlando area. Check them out on Meetup and visit a few whenever you have time.

@Bradley Gray

Not really a ton of difference provided it's 4 Units or less. Some lenders may want to see an LTV of 70% or less in my experience.